Bringing financial
wellness to everyone.
Our history.
Aave Labs is the original author and contributor to Aave, the #1 DeFi protocol.
Aave was born from a revolutionary vision to transform the lending and borrowing landscape within the decentralized finance (DeFi) sector. It made its debut in 2020, emerging from the creative minds that previously developed ETHLend. The goal was to establish a platform that not only streamlined the lending process but also made it more accessible and user-friendly for everyone, regardless of their financial background.
Building the future.
Working at Aave Labs.
These values shape how and what we build. If these intrigue
you, take closer look at who we are and the open roles we have.
Latest news and announcements.
How Aave Powers Whop Treasury
Whop's new Treasury feature lets 21 million+ online businesses earn up to 6% APY on their balances through Aave's lending market on Plasma.
Aave and MetaMask Bring DeFi to Traditional Payments with Mastercard
Aave, MetaMask, and Mastercard have teamed up to let users spend yield-bearing crypto assets at any Mastercard-accepted location while continuing to earn DeFi returns.
How Ink and Kraken Use Aave
How Kraken's Ink L2 built Tydro on Aave V3 to power native lending and embedded DeFi for millions of users.
FAQs
Aave is a decentralised non-custodial liquidity protocol where users can participate as suppliers or borrowers. Suppliers provide liquidity to the market while earning interest, and borrowers can access liquidity by providing collateral that exceeds the borrowed amount.
The Aave Protocol is governed by the Aave DAO, not Aave Labs. Token holders propose and vote on all key changes. Aave Labs contributes proposals and code, but decisions are made by the community.
No protocol can be considered entirely risk free, but extensive steps have been taken to minimize these risks as much as possible – the Aave Protocol code is publicly available and auditable by anyone, and has been audited by multiple smart contract auditors. Any code changes must be executed through the onchain governance processes. Additionally, there is an ongoing bug bounty campaign and service providers specializing in technical reviews and risk mitigation.
AAVE is used as the centre of gravity of Aave Protocol governance. AAVE is used to vote and decide on the outcome of Aave Improvement Proposals (AIPs). Apart from this, AAVE can be staked within the protocol Safety Module to provide a backstop in the case of a shortfall event, and earn incentives for doing so.